Blur announced the token economy model: 51% was allocated to the community, and core contributors, investors and consultants received 29%, 19% and 1% respectively

It is reported that Blur published the token economic model: BLUR tokens are used for community governance, and have the right to control the accumulation and distribution of the value of the agreement. The governance power also includes the agreement fee (up to 2.5%) after setting up half a year, and the distribution of community grants. The total supply of BLUR is 3 billion pieces, 51% to the community, 29% to the past and future core contributors (for a period of 4 years, with the transfer quota released in the first 4 months), 19% to investors (for a period of 4 years, with the transfer quota released in the first 4 months), and 1% to consultants (for a period of 4-5 years, with a linear release of 4-16 months). Of the 51% allocated to the community, 360 million (12%) were used for this air drop, and the remaining 1.17 billion (39%) could be allocated to the community through contributor subsidies, community initiatives and incentive plans. Of these 39%, 10% (117 million) have been confirmed for the next incentive. According to the plan, the 1.17 billion pieces will be allocated 40% in the first year, 30% in the second year, 20% in the third year and 10% in the fourth year.

Interpretation of this information:

Blur has released its token economic model, which outlines the various use cases for the BLUR token. The token will be primarily used for community governance and will provide holders with the power to control the accumulation and distribution of value in the agreement. Additionally, token holders will also have governance power over the agreement fee and the distribution of community grants.

The total supply of BLUR is 3 billion, with 51% allocated to the community, 29% to past and future core contributors, 19% to investors, and 1% to consultants. Of the 51% allocated to the community, 360 million were designated for an airdrop, while the remaining 1.17 billion could be allocated to the community through contributor subsidies, community initiatives, and incentive plans.

Of the 1.17 billion, 10% or 117 million have already been confirmed for the next incentive plan. The allocation of the remaining tokens will be split across the next four years, with 40% in the first year, 30% in the second, 20% in the third, and 10% in the fourth.

In summary, the three keywords that summarize this message are: BLUR token, community governance, and token allocation. The BLUR token will be used for community governance, and the token allocation will be split across different protocols and incentive plans over the next four years.